Are You Think Primis Bank Authorized? Be Aware Of Scams!
Primis Bank had $1,041,000 in owned real estate as of June 30, 2022, and $21,147,000 in non-current loans. It had $472,633,000 in equity and $30,209,000 in loan loss reserves to cover these possible losses. The Texas Ratio is 4.41% as a result. In comparison to the BestCashCow average of 9.98%, Primis Bank's return on equity is 5.07%. Return on equity is a metric that shows how effectively a bank is turning a profit off of its capital. A bank can be deemed to be well-run if its ROE is consistently high. A bank may be deemed to be underperforming if its ROE is consistently low.
Compared to the BestCashCow average of 10.23, Primis Bank has a capitalization of 14.62%. The level of equity capital a bank has to support loans and other assets on its balance sheet is measured by capitalization. The more capital a bank has, the more secure it is thought to be.
Balance Sheet Analysis for Primis Bank
Primis Bank had assets worth $3,231,814,000, loans worth $2,614,684,000, and deposits worth $2,700,441,000 as of June 30, 2022. A bank's capacity to raise capital to expand its loans and assets is demonstrated by long-term increases in deposits. Depending on a bank's growth strategy, loan and asset growth may increase or decrease. Sharp increases and decreases in assets, deposits, and loans can be problematic because they may signal a lowering of lending standards or a reduction in lending due to financial distress. A merger or acquisition of banks can also significantly alter these figures.
What is the profile of a bank loan?
Commercial real estate, 1-4 family residential loans, and commercial and industrial loans make up the top three loan categories in Primis Bank's loan portfolio. Primis Bank's loan portfolio does not exhibit any distinct loan specialisation in comparison to other banks. Note that due to rounding and the dual classification of some loan types, percentages may not add up to 100%. Everything comes from the FDIC. information about this table in more detail.
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